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Bank Profitability: Decoding the Income Statement

Tom Spencer

Operating expenses Operating or non-interest expenses will be affected by many moving parts such as wages, benefits, infrastructure, and information technology. It reflects the bank’s assessment of potential losses it may incur and its commitment to maintaining a strong balance sheet.

Banking 88
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Why Financial Statements Don’t Work for Digital Companies

Harvard Business

This becomes clear when you look at a company’s two most important financial statements: the balance sheet and the income statement. Let’s first look at the balance sheet. Therefore, the balance sheets of physical and digital companies present entirely different pictures.

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We Need to Approach AI Risks Like We Do Natural Disasters

Harvard Business

Even with about $700 billion in capital available in the United States and hundreds of billions of dollars more around the globe, property and casualty insurers’ balance sheets are too small to cover all the potential losses from a global intelligent device disaster.